Baeta Corp. (OTC:BAEA) closed year 2011 with an impressive loss. However, at the beginning of the new year, the situation looks 
totally different.
Yesterday, the stock hit a shocking gain by soaring 190% and its traded volume increased substantially. But what is the reason for the massive trade?
Historical data shows that Baeta has not released any news recently and there is no information on its current activities. Nevertheless, the lack of updates did not stop BAEA to jump up.
The reason for the sudden price jump should be only one – a promotional alert on BAEA. The alert came up just yesterday to encourage traders. Now the question is will the up move continue?
The last data on the company turns out to be its quarterly results, which came up in end-November. Unfortunately, these were not inspiring at all.[BANNER]
As of September 30, Baeta’s liabilities were much higher than its total assets, while the stockholders’ deficit exceeded $1 million. At the same time, the losses that have been accumulated during the development stage reached $3.8 million and the net loss got double.
Based on their financials, the company’s management is seeking additional capital to support operations. If Baeta is unable to return to its profitability or obtain necessary financing, it may substantially curtail or terminate its operations or seek other business opportunities that may dilute the interests of existing stockholders.
